SAN RAMON, California (Bloomberg) -- Chevron Corp. is delaying developing a second phase of a deepsea natural gas project off Indonesia’s Borneo island due to start in 2019. The final investment decision for Gendalo-Gehem won’t be taken this year, a Chevron spokesman said in an emailed statement Oct. 15. The San Ramon, California-based company has yet to submit a revised development plan for it, Zudaldi Rafdi, a spokesman at SKK Migas, Indonesia’s upstream oil regulator, said in a phone interview Oct. 15.
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Chevron’s Indonesia deepwater gas project to face delay
![Chevron’s Indonesia deepwater gas project to face delay]()
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